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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Slimma - Frank Usher brand starting to motor

June 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SLM
Sometimes it's possible for just one deal to transform the  perception of a company previously written off as a dullard, with limited growth prospects.  In March last year, Slimma, a small  (market cap: £7.4m)  supplier of trousers and skirts for the more mature and larger lady, paid £0.57m to  buy the FrankUsher Group from the receivers.   Usher is  a famousold name, which designs and wholesales ready-to-wear occasion wear andaccessories to department stores and independent shops.  Based onthe net profit of £0.38m that Usher made in the year to May 2000,Slimma  incredibly  bought it on a PE of less than 2. But it gets even better. Usher's warehousing and distribution ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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